Author: Crypto News Live

Prom is excited to integrate with Fandom, the first Fan-Fi project in its ecosystem. Fandom, on the other hand, is merging communities and artists in one place through NFTs and fan tokens to wither interact like never before. This integration adds another layer to Prom’s ecosystem because they are integrating new and interesting fan experiences. Prom Integrates Fandom Into the EcosystemMeet @fandomstudio_, the first Fan-Fi project in our ecosystem connecting communities with artists through NFTs and fan tokens.Fandom Studio enhances the entertainment content industry, powering it with NFTs and other Web3 tools.… pic.twitter.com/62C4iVxuOb — Prom (@prom_io) May 26, 2024 Fandom…

Ethereum whales have become more active recently. ETH is attempting to establish the $3,600 range as its support. Analysis revealed that before the Ethereum [ETH] ETF was approved, a particular whale address made bold moves by acquiring more ETH at a specific price level. As a result, this address saw a significant unrealized profit. Additionally, further analysis showed a similar pattern among other whale addresses in the lead-up to the ETF approval. Whale acquires Ethereum and ecosystem tokens An analysis by Lookonchain revealed that a particular whale wallet anticipated the approval of the Ethereum spot ETF and made a substantial…

Prom has announced the full integration of BubbleFong Friends, a vibrant play-to-earn (P2E) project, into its ecosystem. BubbleFong Friends provides a unique and awesome experience from years of the best arcade puzzle games. It is created for young and experienced gamers. These games will not only promise entertainment but also help adopting greener and more sustainable P2E mechanisms to elevate the users’ engagement. Prom Integrates BubbleFong Friends Into the Ecosystem We’re happy to introduce you to @BubblefongGame, a vibrant P2E project inspired by classic arcade puzzle games. BubbleFong Friends offers fun gameplay suitable for gamers of every experience level and…

Ethereum and Bitcoin on MultiversX are transferable at lightning speed and can be used in decentralized applications. It is wonderful to note that both Ethereum and Bitcoin, the most popular digital commodities, are supported by the MultiversX Bridge. Bitcoin and Ethereum can take advantage of MultiversX’s illustrious features, such as high speed, innovative bells and whistles, and cheap transaction fees. Its extended interoperability ensures that Bitcoin and Ethereum can get the same level of convenience offered by ESDT and ELGD. The decentralized protocols can incorporate the MultiversX Bridge’s extended interoperability feature and conceptualize novel opportunities for customers. Both digital assets…

Ethereum ETF approval drives positive sentiment, but questions about S-1 registrations loom. Despite growing price, the overall activity on the Ethereum network declined. Ethereum [ETH] witnessed a massive uptick in price due to the Ethereum ETF being approved. However, there could be some problems that ETH could face in the future. Challenges ahead According to Delphi Digital’s analysis, The SEC currently has only approved the 19b-4s listing requests for ETH ETFs, not the critical S-1 registration statements. For context, S-1 is a key document for ETFs, acting like a prospectus, detailing investment strategy, risks, and financials. SEC approval of the S-1…

The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase…

PlayFi has announced its plans to roll out a presale event for node license on Polygon. This officially marks the entry of the AI-powered data network. PlayFi has called this a pivotal moment, reflecting a blended vision of Blockchain and gaming. Notably, this is not the first time Blockchain and gaming have come together. What makes this development interesting is that another player in the gaming industry has realized the potential of Blockchain technology. Franklin Mongiove, the Head of Partnerships at PlayFi, has said that it can play an important role in creating renewed innovation in gaming. Franklin has further…

A CryptoPunks-inspired digital avatar collection created by New York-based painter Nina Chanel Abney went on display in recent days. The blue chip NFT collection touted its use of 3D to “reimagine the viewing experience for Abney’s art through the Punk lens.” When videos of the collection caused a stir online, Greg Solano, CEO of CryptoPunks intellectual property owner Yuga Labs, backtracked on the broader “Punk in Residence” initiative that made the Abney-CryptoPunks collaboration happen. “Yuga will no longer touch punks,” Solano vowed on X, formerly Twitter. Yuga’s attempt to use the CryptoPunks intellectual property outside of its PFP collection comports…

ETH’s supply on exchanges hiked over the last few days  A metric revealed that ETH was undervalued, hinting at a price uptick on the charts It has been only two days since the much-anticipated spot Ethereum [ETH] ETFs were approved by the U.S Securities and Exchange Commission (SEC). However, the outcome of this approval didn’t turn out to be as expected, with ETH soon turning bearish on the charts. Hence, it’s worth taking a closer look at what’s going on.   Ethereum ETF approval goes wrong  AMBCrypto reported previously that the U.S SEC approved eight applications for spot Ethereum [ETH] exchange-traded…

Prom, a major service provider of blockchain, has announced to integration with MVL which marks a major milestone for Web3 mobility solutions. MVL ‘s innovative approach to the mobility industry has earned its reputation, by making use of blockchain technology to integrate and upgrade all kinds of mobility services. Prom has been in the news regularly now a days with its latest integrations. Its recent integration with Chainspot is of utmost significance. Prom Integrates MVL Into the EcosystemAnother significant addition to our ecosystem, meet @mvlchain, a Web3 mobility ecosystem.MVL is revolutionizing the mobility industry by utilizing blockchain technology to integrate…